Volvo is tying the launch of its first all-electric vehicle — the XC40 Recharge crossover — to a broader plan for shrinking the carbon footprint of its models by 40% through 2025.
October 16, 2019Business, Technology, Fuel, Autonomous
Volvo to Cut Carbon Footprint in Bid to Sell Electric SUVs
Business, Technology, Safety, Autonomous
Volvo Marks Major Anniversaries of Connected Technology, Accident Research
Volvo Group celebrated a milestone in the number of connected vehicles sold to customers over the past 25 years, while its truck unit, Volvo Trucks, celebrated its 50th anniversary of performing accident reconstruction and analysis.
October 7, 2019Business, Equipment
Dex Opens Parts Facility in Oklahoma City
Dex Heavy Duty Parts, a Volvo Group subsidiary and supplier of recycled, renovated and surplus medium- and heavy-duty truck parts, announced the opening of its facility in Oklahoma City.
August 19, 2019Business
Kriete Truck Centers Invests $6 Million in Expansion
Mack Trucks announced dealer Kriete Truck Centers invested $6 million in a new building at its Racine, Wis., location, doubling the amount of service bays at the facility.
August 16, 2019Business
Volvo Posts Record Quarterly Revenue in 2Q
Volvo Group posted higher net income in the second quarter on the strength of record sales and increased truck deliveries.
July 18, 2019Business, Technology
Volvo Quarterly Earnings Surge as North America Deliveries Jump
Volvo Group’s second-quarter earnings beat analyst expectations, as truck deliveries rose and the company increased its market forecasts for North America and Europe this year.
July 18, 2019Business, Technology, Autonomous
Volvo Group, Nvidia to Co-Develop Autonomous Vehicles
The Volvo Group announced it has expanded its relationship with Nvidia Corp. and the two companies will co-develop the decision-making system for Volvo’s autonomous commercial vehicles intended eventually for use on public roads and transportation facilities, among other applications.
June 18, 2019Business, Technology, Autonomous
Volvo Trucks Develops Autonomous Vehicle Called Vera
Volvo Trucks, the manufacturing arm of Volvo Group, underscored its commitment to offering autonomous commercial vehicles in the near future with the announcement recently that it has developed a self-driving, battery-electric, tractor-like unit it calls Vera.
September 13, 2018Business, Equipment
Volvo Trucks Adds Second All-Electric Truck in Europe
Volvo Trucks expanded its European push into electrification, announcing its FE electric model, intended for heavier city distribution and refuse transport operations with gross weights of up to 59,525 pounds.
May 11, 2018Business, Equipment
Volvo Reports Higher Quarterly Net Income, Revenue as North American Orders Soar
AB Volvo reported first-quarter net income and revenue increased despite supply chain constraints in North America’s surging truck market.
April 24, 2018